hopefully you will get back in soon pakkham.So why does GEAR a...

hopefully you will get back in soon pakkham.

So why does GEAR a predominantly thermal coal focused business want to invest in Avenira. Outside of coal GEAR only other Australian investments are gold and an early stage nickel project.

now it’s stated that Indonesia wants to become a large cog in ev’s and batteries for south east Asia.

https://theconversation.com/why-indonesia-wants-australias-help-to-supply-the-world-with-electric-vehicles-and-batteries-209125

Indonesia has spent a lot of capital on building out a large nickel industry on the basis that nickel would be in demand for battery economy. However NMC cathode is fast being replaced by LFP cathode. Additionally Indonesia has no natural lithium within its country.

in this context it would be potentially easier for Indonesia to source its LFP cathode from an Australian producer than to build out their own infrastructure. They could then input into their overall battery manufacturing process.

from this standpoint point gear could then source LFP cathode for the Indonesian market whilst reducing the capital cost as other partners would assist in funding the LFP Cathode plant.

sounds like smart business.